Goldman Sachs: buyers retake volume control
Goldman Sachs closes the week flat (-0.0%) as buyers retake control of volume
Our view last week
On Goldman Sachs stock the weekly picture is cooling off: the MACD has slipped below its Signal line, money flow has turned negative again, and momentum — positive as recently as three weeks ago — is now below zero. Sellers keep a slight edge this week, and the ADX is easing. The trade is still running at +14.5% since entry, with this week's technical read pointing to a rally losing steam.
This week's summary
On Goldman Sachs stock, buyers took back control of volume this week, at 71%, after 5 weeks in which sellers had the upper hand. The stock closed the week nearly flat, but the picture still has two sides: money flow slides further negative and the weekly MACD stays below its Signal line. Goldman Sachs technical analysis points to an indecisive phase, with the verdict still to be written.
IQS Phase
47
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#33 / 167
US stocks in progress
Trade P&L %
+14.48%
from signal to date, no stop loss
Rank position
ranks 33rd among the 167 Longs already running for US stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly -1.17% · monthly +2.55%
GS belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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